This is an exponential decay problem.
Using the equation Y = a *(1-rate)^time
where Y is the future value given as 12,000 and a is the starting value given as 13,000.
The rate is also given as 5%.
The equation becomes:
12,000 = 13,000(1-0.05)^x
12,000 = 13,000(0.95)^x
Divide each side by 13000:
12000/13000 = 0.95^x/13000
12/13 = 0.95^x
Use the natural log function:
x = ln(12/13) / ln(0.95)
x = 1.56 years. ( this will equal 12,000
Round to 2 years it will be less than 12000.
Answer:
N = -3.36
Step-by-step explanation:
5.6 x N= 2.24
-5.6 -5.6
N= -3.36
Answer:
A.
Step-by-step explanation:
Standard form is as follows...
AX^2 + BX + C
- Hope that helped! Please let me know if you need further explanation.
Multiply All Of The Numbers Thats What I Think You Should Do!
